Invesco NASDAQ 100 ETF is trading 2.1% higher today as growth stocks rally following a tentative U.S.–Iran peace agreement and the reopening of the Strait of Hormuz.

  • Lower oil prices have significantly eased inflation and interest rate concerns, driving a broad risk-on shift across global markets.
  • Nasdaq futures are moving sharply higher, boosting investor appetite for rate-sensitive technology and AI-focused companies.